Aberdeen Group plc Has $2.13 Million Stock Holdings in Skyworks Solutions, Inc. $SWKS

Aberdeen Group plc lowered its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 82.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,706 shares of the semiconductor manufacturer’s stock after selling 130,364 shares during the quarter. Aberdeen Group plc’s holdings in Skyworks Solutions were worth $2,133,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. United Services Automobile Association acquired a new position in shares of Skyworks Solutions in the 1st quarter valued at $236,000. Focus Partners Wealth increased its holdings in shares of Skyworks Solutions by 99.0% in the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock valued at $611,000 after purchasing an additional 4,702 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Skyworks Solutions by 2.3% during the second quarter. DekaBank Deutsche Girozentrale now owns 43,248 shares of the semiconductor manufacturer’s stock worth $3,232,000 after acquiring an additional 976 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in Skyworks Solutions by 44.4% in the second quarter. Cullen Frost Bankers Inc. now owns 3,327 shares of the semiconductor manufacturer’s stock worth $248,000 after purchasing an additional 1,023 shares during the period. Finally, Rehmann Capital Advisory Group acquired a new stake in Skyworks Solutions in the second quarter worth about $216,000. 85.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. TD Cowen dropped their target price on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research report on Wednesday, February 4th. Royal Bank Of Canada initiated coverage on Skyworks Solutions in a research report on Wednesday, January 14th. They set a “sector perform” rating and a $65.00 price target for the company. UBS Group lowered their price objective on shares of Skyworks Solutions from $63.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Finally, Craig Hallum decreased their target price on shares of Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $70.50.

Skyworks Solutions Trading Up 1.4%

Shares of NASDAQ:SWKS opened at $60.05 on Friday. The company has a 50-day simple moving average of $61.28 and a 200 day simple moving average of $68.76. The company has a market capitalization of $9.03 billion, a P/E ratio of 23.10 and a beta of 1.33. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. During the same quarter in the prior year, the company earned $1.60 earnings per share. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Sell-side analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be given a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $2.84 annualized dividend and a dividend yield of 4.7%. Skyworks Solutions’s dividend payout ratio is presently 109.23%.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.